Dow Inc. (DOW) stock declined in its latest intraday trading, following a rebound from resistance at the 50-day SMA. The stock remains under the control of a prevailing downtrend, trading along a short-term descending trendline. However, a potential bullish crossover in the Relative Strength Index is beginning to emerge, which may help limit further losses.

Therefore we expect the stock to decline in upcoming sessions, as long as resistance at $31.00 holds, targeting the key support level at $25.00.

Today’s price forecast: Bearish.

The price of (ETHUSD) rose in its recent intraday levels, attacking the current resistance level at $3,800, this rise came after offloading the overbought conditions on the (RSI), opening the way for achieving more of the rises, especially with the emergence of the positive signals, amid the dominance of the main bullish trend on the short-term basis and its trading alongside main and minor bias lines.

The price of (BTCUSD) declined in its intraday levels, after it attempted to surpass the negative pressure of the EMA50, to gather its positive strength that might assisted it to complete this mission, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the emergence of the positive signals on the (RSI).

The price of (Brent) declined in its last intraday levels, amid its attempts to look for a rising low to take it as a base to gain the required positive momentum to recover, affected by the negative pressure due to its trading below EMA50, with the beginning of forming positive divergence on the (RSI), after reaching exaggerated oversold levels compared to the price move, with the beginning of the positive signals, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line.